EURUSD, H1 - Is correction over?The angle of the last decline decreased noticeably. This may be a early sign of an attempt of upward move. The key moment will be breakout the current descending channel. The target would be resistance at 1.1100.
Supportandresistancezones
Buy GBP/CAD Triangle PatternThe GBP/CAD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.7740
Target Levels:
1st Resistance – 1.7794
2nd Resistance – 1.7820
Stop-Loss: To manage risk, place a stop-loss order below 1.7705. This helps limit potential losses if the price falls back unexpectedly.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Trade idea - EURJPY Long1H
Corrective approach towards entry zone.
Price moving towards entry zone in Descending channel.
= Instant market execution Buy.
1% risk.
Aiming to take full profit at Daily TP.
Buy GBP/NZD Descending TriangleThe GBP/NZD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Descending Triangle pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 2.1057, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2.1167
2nd Support – 2.1231
Stop-Loss: To manage risk, place a stop-loss order below 2.0973. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Trade idea - AUDUSD short4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone .
= Sell limit.
Bearish Fake Out flag also there as extra evidence.
0.5% risk.
Aiming to take full profit at Daily TP.
Sell EURUSD Bearish FlagThe EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.1060, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.1015
2nd Support – 1.0988
Stop-Loss: To manage risk, place a stop-loss order above 1.1100 This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
EURGBP at Critical Juncture: Major Support in Focus
Price is currently testing major support at 0.84108.
A daily close above 0.84339 is needed to confirm a potential reversal.
Key resistance levels to watch: 0.85445, 0.85921, and 0.86242.
Monitor the price action closely for confirmation signals.
Trade idea - EURUSD Short4H
Corrective approach towards entry zone.
= Sell limit.
0.7% risk.
Aiming to take full profit at Daily TP.
Sell EUR/CHF Bearish FlagThe EUR/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 0.9392, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 0.9327
2nd Support – 0.9290
Stop-Loss: To manage risk, place a stop-loss order above 0.9420. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
EurUsd BuyThe pair has followed its bullish path as in my previous anylisis i have identified its crucial point from the pair has shot up and moving in its bullish path we have also witnessed a FVG over daily bullish move which has been mitigated by the pair in last week the weekend is over and back to the market we are ready to catch up a awaiting bullish move confluence for the bullish move is first FVG and 2nd is price has completed its retracement to the 50% of Fibbo level on daily TF so there are higher probabilities for price to go higher to its historical cum physiological resistance so we are monitoring price very closely so that we can save our capital and gain profits
Good for the week guys
Gold Buying opportunity As i said previously in my previous anylisis gold has made a beautiful rally downards and will fly over again from its physiological H4 to H1 support level at 2500 and gold also did that it rejected the level and now will move upwards to its immediate resistance level of 2519 and if price breaks above 2519 level it will shoot for 2530 physiological level then it could go for 2550 physiological level so we are bullish this week on gold 🪙
BREAKOUT OR BREAKDOWN...MCX:CRUDEOIL1! trade at 6200 level,
Support is at 5850
Resistance is at 7050
Crude oil trade in a range since 3 years. Now it ready for give a breakout or breakdown...
Gold ideaAs we have seen gold has made a rally downards and meet us with great profits as we have entered on a confirmation on 2519 price on bearish side and got a profit on 2500 level of price the price can hover around this level of support and can eventually go higher to its price level of 2530 and higher than that if price breaks above 2530 and sustains price can go over 2550 of physiological Resistance level so we are watching price closely and keenly so that we can make profits
Ready for Breakout, Sugar Stocks in Action...NSE:RENUKA trade at 50. Support at 44. Resistance at 53
Stocks trade in a triangle range since last 1 year, you can watch for next resistance after breakout 75-80 level.
Bulls and Bears zone for 08-29-2024S&P is trying to rally during ETH session.
Any test of yesterday's High could provide direction for the day.
Level to watch: 5626 ---5624
Reports to watch:
Pending Home Sales Index 10 AM ET
EIA Natural Gas Report 10:30 AM ET
GBPJPY: Awaiting Breakout frm Ascending Trend Line or ResistanceAwaiting Breakout from Ascending Trend Line & Resistance at 192.05
🔼 Potential bullish move above 192.05 targeting 199.52.
🔽 Watch for a bearish breakdown below 188.00 towards 180.09 support.
Sell EUR/GBP Bearish FlagThe EUR/GBP pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 0.8428, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 0.8396
2nd Support – 0.8377
Stop-Loss: To manage risk, place a stop-loss order above 0.8440. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Trade idea - GBPCHF Long4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
=Buy limit.
1% risk.
Aiming to take full profit at Daily TP.
GBPUSD Week 35 Swing zonesSupport and Resistance is all about identifying previous price interest areas, @PinchPips a step further is taken in calculating these areas before the occur; This is not a magic trick, but careful mathematical analysis.
As price has been missing entries by some small margins, new levels are calculated(black lines) to catch big swings.
Upper SZ: 32498 - 32548
Lower SZ: 31792 - 31742
As always, price action determines trades.
TON/USDT Trading ScenarioThe decline in the TON value following the arrest of the founder of Telegram and the TON platform mirrors the scenario of BNB's price drop after the arrest of Binance's CEO.
At that time, BNB lost over 30% of its value, then entered a sideways trend. However, with the start of BTC's rise at the end of December, the asset's price not only recovered but also surged by more than 280%.
In the case of TON, we are observing a similar situation, making the current price attractive, while any further decline provides an additional opportunity to increase returns. The TON network and the Telegram messenger are fundamental factors contributing to the trust in this asset.
Gold ideaAs we have mentioned earlier gold will go down in short term and it has shot to its global resistance level and its rejecting its 2519 level support level but as we can see price is telling us it can move downward 👇 and will towards its immediate physiological level of 2550 level of resistance
So keep trading
Trade idea - EURUSD Long1H
Corrective approach towards entry zone.
Market moving in Bull Flag formation.
= Instant market execution Buy.
0.5% risk.
Trade idea - AUDJPY Long4H
-68 Fib completion aligning with entry zone.
= Buy limit.
Bullish M pattern & Bullish Fake Out flag also there.
Instant market execution Buy.
0.5% risk.
Aiming to take full profit at Daily TP.
